Private Foundations Boost Giving In Response to Federal Grant Cuts

John Palfrey heads the MacArthur Foundation. Courtesy MacArthur Foundation As the Trump administration slashes federal funding for nonprofits, private foundations across the U.S. are drawing from their endowments to cover philanthropy’s growing gaps. The sector is “in a time of crisis,” according to the Chicago-based MacArthur Foundation, which plans to significantly ramp up its grant 
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Camille Henrot Takes On the Arbitrariness of Societal Rules at H&W

Installation view: Camille Henrot’s “A Number of Things” at Hauser & Wirth. © Camille Henrot Courtesy the artist and Hauser & Wirth Photo: Thomas Barratt We grow up governed by rules that shape our behaviors and persona, attuning us to societal standards and expectations. These directives, presented as undeniable truths, are rarely questioned for their 
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Oscars Recap: Biggest Winners, Surprise Snubs & Memorable Moments

An Oscar statue is pictured at the red carpet of the 97th Annual Academy Awards. (Photo by ANGELA WEISS/AFP via Getty Images) After a rollercoaster awards season, the best and brightest of Hollywood and beyond came together last night to celebrate 2024’s most impactful films. While some predicted winners like Kieran Culkin, Zoe Saldaña, and 
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Duolingo CEO Luis von Ahn Defends the Language App’s A.I. Spend

Luis von Ahn co-founded Duolingo more than a decade ago. Kevin Dietsch/Getty Images While an A.I. pivot has spurred unprecedented user growth at Duolingo, the popular language learning app’s costly new strategy has received a frostier embrace from investors. The company exceeded Wall Street’s expectations yesterday (Feb. 27) with a record quarterly revenue of $209.6 
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From Schiele to Banksy: What to Watch at the London Spring Sales

Joan Mitchell, Canada II, 1975; estimate: £3-5 million. Courtesy Phillips The auction market’s first major test of the year arrives this week in the form of London’s mid-season sales. Sotheby’s kicks its London Sales series off on Tuesday, March 4, with its Marquee Evening Sale, followed by Christie’s 20th/21st Century: London Evening Sale on Wednesday, 
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The New Museum Will Debut Its Expansion With “New Humans”

A rendering of the New Museum expansion. Courtesy of OMA/bloomimages.de Set to reopen in fall 2025 following a highly anticipated OMA-designed building expansion in collaboration with Cooper Robertson, the New Museum has announced the theme for the exhibition that will inaugurate the new 60,000-square-foot space. Titled “New Humans: Memories of the Future,” the show will 
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Oscars Red Carpet 2025: See Best-Dressed Fashion Moments Photos

Ariana Grande at the 97th annual Oscars. FilmMagic The most exciting night in Hollywood is finally here—at long last, it’s time for the Academy Awards. The Oscars are the glamorous conclusion to awards season, as the film industry heads to the Dolby Theatre in Los Angeles to celebrate the year’s biggest and brightest cinematic stars, 
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